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ANALYSIS OF PROJECT ENFORCEMENT DELAYS WITH THE EARNED VALUE METHOD: (Case study: Office of Bahtera Elang Perak Indonesia Surabaya) Nailufar, Linda; Witjaksana, Budi; Wulandari , Esti
INTERNATIONAL JOURNAL ON ADVANCED TECHNOLOGY, ENGINEERING, AND INFORMATION SYSTEM Vol. 3 No. 3 (2024): AUGUST
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/ijateis.v3i3.1167

Abstract

The construction of the Bahtera Elang Perak Indonesia (BEPI) Office is one of the ongoing projects in Surabaya City consisting of 8 floors with an area of 1,081 m² and a contract value of Rp. 13,908,226,157.00. The Bahtera Elang Perak Indonesia office construction project is planned to last for 43 weeks. In reality, when the piling work is in progress, there are several changes so that there is a need for rescheduling or re-schedulling. The length of implementation time became 54 weeks. The current condition of the progress of the construction of the Bahtera Elang Perak Indonesia Surabaya office is in week 37 at 35.67% while the planned progress is 43.619% so that there is a difference of -7.948%. In order to address this issue, an evaluation of the project's cost and time efficiency during implementation is conducted utilizing the Earned Value Method. This strategy seeks to assess the project's performance in terms of both cost and time. The analysis conducted in week 41 revealed that the performance of the project, in terms of cost, was below expectations with a CPI value of 0.945, indicating that the actual costs exceeded the budgeted costs. Additionally, the CV value of Rp. -381,606.94 further confirmed this negative deviation. In terms of time, the project also experienced delays, as indicated by an SPI value of 0.758, which is less than 1. The SV value of Rp. -2,082,524,745 further highlighted this delay, indicating that the completed work packages were fewer than planned.
Analysis of Cost and Time To Complete of Office Project with The Earned Value Method: (Case study: Office of Bahtera Elang Perak Indonesia Surabaya) Nailufar, Linda; Witjaksana, Budi; Wulandari, Esti
International Journal of Social Science and Community Service Vol. 2 No. 4 (2024): OCTOBER
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/ijsscs.v2i4.33

Abstract

The rescheduling of the initial schedule carried out on the Bahtera Elang Perak Indonesia Office Construction project has an impact on increasing the duration of work causing the project completion target to be delayed from the time it should be. Increasing the project completion target can affect the amount of costs incurred. The contract value for this office construction project is Rp. 13,908,226,157 with a work duration of 43 weeks to 54 weeks.  The current condition of work progress at week 31 is -0.225% while the total actual cost or that has been incurred during the work is Rp. 3,191,740,254. To overcome this, an analysis is carried out on the value of the estimate at complete (EAC) and time estimate (TE) of the Surabaya BEPI Office Construction Project using the earned value method. This method combines the elements of cost, schedule, and work performance.  The earned value method aims to determine the estimated cost and time of project completion. From the results of the analysis conducted in the 41st week, it was obtained that the estimated cost and time to complete the project implementation (EAC) was 14,289,833,105, - and the estimated time (TE) was 499 days, which was 121 days later than the original schedule.